8
Mar
Chatham Lodging Trust Acquires Six New Hotels, Raising Dividend for the Second Consecutive Year
Chatham Lodging Trust Acquires Six New Hotels, Raising Dividend for the Second Consecutive Year Chatham Lodging Trust expanded its business operations by purchasing six Hilton properties for USD 92 million, which serves as its first step towards future growth. The acquisition, which includes a mix of extended-stay hotels, also comes with a boost in dividend by 11 percent, highlighting the company’s confidence in its future prospects. The hotels, which Chatham operates throughout the United States, provide high-quality facilities which match the company’s dedication to premium hospitality assets. Chatham Lodging Trust’s Strategic Hotel...